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Active - House for sale

1021 56th Street, NewYorkCity, NY

5 bds|4 bth|2,700 sqft

Facts & features

House Property type
1217 days on Beycome
$696 Price/Sqft.

Why you’ll love it

Legal four family brick home with a commercial overlay on border of Borough Park and Sunset Park available now! Zoned R5 with a C1-3 overlay, this versatile and rarely available property sits on a 25 x 90 irregular shaped lot with the building stretching to 80ft at its deepest. It consists of three vacant apartments and one currently occupied unit (month to month). The current layout consists of two first floor one bedroom apartments, front and back, with the ability to convert the front apartment to two bedrooms. The second floor consists of the front apartment which is a two bedroom, and the back apartment which is a 1 bedroom with an eat in kitchen.<br> <br> Including the basement, there is a total of appx. 3,800 sqft throughout the building, and approximately 2,600 of living space on the first and second floors. The C1-3 commercial overlay allows for retail, office, etc with a commercial FAR of 1.0 for a perfect mixed use building.<br> <br> This is indeed a rare gem! You are a short distance to the N Q W trains at Fort Hamilton Parkway stop and the D train at 55th Street. Call now for your appointment!

Translating description...

Listed by: Daniel Soldano • (347) 489-3315 • Douglas Elliman Real Estate

Co-listed by: Douglas Elliman Real Estate

Come see by yourself

Affordability

$1,220,000$2,540,000
1%20%
0%90%
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Estimated monthly payment

$9,506/mo

  • Mortgage$9,506
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$1,494,600
Down payment held in escrow$376,000
Closing costs$28,200
beycome credit Est.$37,600

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Borough Park

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$1,880,000 Listed price

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$37,600 Credit back

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